Asian Shares Edge up as Investors Await RBA
Asian shares edge up as investors await RBAAsian shares edged up on Tuesday but were mostly in a holding pattern after Monday's US holiday, as investors awaited a policy decision from the Reserve Bank of Australia. European stocks touched an eight-month high in choppy trading .SXEP .SXPP then reversed as trading wound down in the absence of US markets, which were closed for Labor Day. MSCI's broadest index of Asia-Pacific shares outside Japan .
MIAPJ0000PUS was up 0.1 percent, while Australian shares slipped 0.3 percent ahead of the RBA's announcement. All 33 economists polled by Reuters expected the RBA to hold steady, particularly after a spate of upbeat economic data on Monday.
A decision is expected at 12.30 a.m. ET. Having already pulled the trigger on easings in May and August, the Reserve Bank of Australia (RBA) is likely to pause and watch them percolate through the economy before deciding if yet more stimulus is needed.
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Asian shares edge up as investors await RBAAsian shares edged up on Tuesday but were mostly in a holding pattern after Monday's US holiday, as investors awaited a policy decision from the Reserve Bank of Australia. European stocks touched an eight-month high in choppy trading .SXEP .SXPP then reversed as trading wound down in the absence of US markets, which were closed for Labor Day. MSCI's broadest index of Asia-Pacific shares outside Japan . 
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